Neuronetics Sees FY23 Total Operating Expenses $82M-$86M; Sees Q3 2023 Revenue $17M-$18M Vs $17.8M Est
Portfolio Pulse from Benzinga Newsdesk
Neuronetics has projected its total operating expenses for FY23 to be between $82M-$86M. The company also expects its Q3 2023 revenue to be in the range of $17M-$18M, compared to the estimated $17.8M.
August 08, 2023 | 12:50 pm
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NEUTRAL IMPACT
Neuronetics' projected operating expenses and revenue for FY23 and Q3 2023 respectively could impact the company's stock performance.
Neuronetics' financial projections for FY23 and Q3 2023 are in line with estimates, indicating stable financial management. However, the impact on the stock price will depend on market conditions and investor sentiment.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100